Onemarket
OneMarket Limited was a company that developed a cloud-based connected platform aimed at enhancing customer experiences for brick-and-mortar retailers by enabling them to better identify, understand, and activate their customers across both online and offline channels. Following a strategic review due to consistently low share prices relative to net asset backing, the company announced its decision to wind up operations, culminating in a voluntary liquidation process approved by shareholders in December.
As part of the liquidation, OneMarket's assets may be sold, and any surplus cash after settling liquidation costs will be distributed to shareholders. Shareholders can expect a potential interim distribution, with the final amount subject to various factors, including the resolution of outstanding liabilities and the liquidation process's duration and costs.
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